Canada Stocks to Watch: Bombardier, Enbridge, Fairfax, Eldorado and more

Bombardier Inc. said it would raise about C$750 million through an equity offering as the Montreal plane and train maker looks to bolster its balance sheet.

Enbridge Inc. swung to a net profit in the fourth quarter from a year-earlier loss and reaffirmed its guidance, though the pipeline operator’s adjusted results fell short of expectations.

Fairfax Financial Holdings Ltd. said it plans to raise C$650 million through the sale of 1 million subordinate voting shares at C$650 each. It will use the proceeds to partly fund its acquisition of Brit PLC.